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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (16886)	4/7/1999 9:05:00 AM
From: Dave Shares	Read Replies (1) of 34811

More questions from Novice P&F Student DRIV: I know you have posted on this, can you give further guidance on an entry strategy. Needs to print 44 for a reversal, but that puts it right back near resistance, doesn't it ? I have TQNT and VSH on watch. TQNT looks to have resistance at 24 (is that the bullish resistance point ?) VSH looks to be right at the bullish resistance line, how would one plan a trade here. Wait for the breakout ? Wait for a pullback ? Seems that to enter right at the resistance line would be foolish. Thanks, and I hope you don't mind the questions. David

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